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To: AllansAlias who wrote (33760)	3/8/2002 3:32:27 PM
From: The Freep	Read Replies (2) \| Respond to of 209892

Huge increase in COT S+P short position. . . but not so on the NDX. Allan's numbers will be interesting the freep

To: AllansAlias who wrote (33760)	3/8/2002 3:48:57 PM
From: Shack	Respond to of 209892

Not only that, GE fell out of the big wedge out of the lows.

To: AllansAlias who wrote (33760)	3/8/2002 4:17:35 PM
From: Paul Shread	Read Replies (1) \| Respond to of 209892

Stupid Elliott question: an ED predicts a retracement of the entire move, right, which would mean a downside target of 9600?

To: AllansAlias who wrote (33760)	3/8/2002 5:31:46 PM
From: UnBelievable	Respond to of 209892

I Can't Find Any Reason It Might Not Be We should know soon. Wave 5 in an ED must be at least 80% of Wave 4 Wave 5 is always less than wave 3 by price. Wave 5 must be at least 10% of wave 4 and not more than 5 times wave 4 in time. These rules would require that wave 5 be at least 115 pts and not more than 193. If 5 began at 10540 it will end between 10655 and 10732. The maximum time for wave 5 is 5 times wave 3. Wave 3 was about 120 minutes so the maximum time would be 600 minutes. It appears that it was the last 40 minutes of today. There are 390 minutes in a trading day which means that it would need to be over by 12:40 Tuesday. In addition Wave 5 of an ED must be a zig zag pattern.